Why Mnuchin's $1 Billion NYCB Lifeline Is "Not Enough"

Whalen Global Advisors Chairman Chris Whalen reacts to commercial real estate lender New York Community Bancorp’s equity investment of more than $1 billion from former US Treasury Secretary Steven Mnuchin and others. He then explains why there may well be more stress in the American banking system ahead. Chris speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
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[@swedesam]

Imagine just lighting $1Billion on fire.

[@SpliffMeister3000]

The 1bil was a gov bail out by proxy.... duh... munchin is a gov plant

[@fidesign5924]

He was the Sect. of Treasury for Trump, and was producing movies like Suicide Squad while in office!

[@Goalcheck]

They should employ TK, and read his books.
Outcome: #Prosperity

[@SubtleReed]

I wonder if this is the son of the man I knew back in 1977 - I would drive his rolls royce silver cloud 76 to the car wash in mt lebanon Pa ( He lived in virginia manor circle.) I wonder? 🤔